Audio By Carbonatix
Ghana has called for the establishment of a global certification regime for gold, similar to the Kimberley Process for diamonds, to prevent smuggled gold from entering legitimate supply chains.
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, made the appeal while addressing industry leaders at the 2025 Dubai Precious Metals Conference.
“The time has come for a multilateral and international certification scheme for gold imports and exports," Mr Gyamfi declared, stressing the urgency of coordinated global action.
He explained that such a system would bolster anti-money laundering and counter-terrorism financing efforts worldwide.
“Gold is a resource for global stability and transformation—it must never become a haven for criminal networks,” he added.
The GoldBod CEO also highlighted Ghana’s readiness to collaborate with international partners, including the UAE, OECD, LBMA, and the World Gold Council.
“We must work together to ensure responsible sourcing,” he said, emphasising that global cooperation is key to the initiative’s success.
Mr Gyamfi concluded by underscoring the moral and economic imperative of the plan. *“With a robust certification system, we can safeguard the integrity of the gold supply chain and ensure that this precious resource contributes to sustainable development worldwide,”* he said.
Latest Stories
-
Ghana’s democracy is a reality, not an illusion – Prof Lumumba
3 minutes -
Julius Debrah’s 60-year Journey: From Akorabo’s classrooms to Okaishie to the Flagstaff House
25 minutes -
Parliament backs Ghana Gas amid rising output, tariff concerns
25 minutes -
Mad. Florence Dugbanorkuor Sappor, aka Sister Korkor
28 minutes -
10 arrested as anti-galamsey taskforce seizes excavator, changfang machines in Oda River Forest Reserve raid
32 minutes -
Mrs. Love Dzidzor Fugar-Amedorme
32 minutes -
Gladys Ablavi Dogbey aka Adator
37 minutes -
GIHOC shines with triple victory at 10th Ghana Beverage Awards
47 minutes -
GETFund awards GH¢400m contract for equipping new KNUST Teaching Hospital
50 minutes -
UPSA Champions merit, dignity, and decent work at Labour Day public lecture
59 minutes -
GPHA exploring funding opportunities to complete Boankra Integrated Logistics Terminal
1 hour -
US justice department drops probe into Fed chairman Jerome Powell
1 hour -
AIDS Commission defends condom and lubricant distribution amid LGBTQ+ claims
1 hour -
Phone privacy or trust crisis – The Brotherhood explores hidden tensions shaping modern relationships
1 hour -
Ghana halts power exports as Akosombo fire knocks out 1,000MW capacity
2 hours